Agree Realty Corporation (ADC) — Free Cash Flow Generation Index

Latest as of March 2026: -1.84x

Agree Realty Corporation (ADC) has a Free Cash Flow Generation Index of -1.84x as of March 2026. Free cash flow of $-267.18 Million represents -2% of operating cash flow ($145.16 Million). See ADC current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

FCF Generation Index

-1.84x
Free Cash Flow / Operating CF

Free Cash Flow

$-267.18 Million
USD

Operating Cash Flow

$145.16 Million
USD

Capital Expenditures

$412.33 Million
USD

Agree Realty Corporation Free Cash Flow Generation Index (1994–2025)

Historical FCF Generation Index trend for Agree Realty Corporation across 32 annual periods. Explore ADC debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Annual Free Cash Flow Generation for Agree Realty Corporation (1994–2025)

Year-by-year Free Cash Flow Generation Index for Agree Realty Corporation. For the full company profile including market capitalisation, see ADC market cap overview.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 1.00x $504.14 Million $504.14 Million $1.58 Billion ▲ +0.0%
2024 1.00x $431.97 Million $431.97 Million $977.33 Million ▲ +0.0%
2023 1.00x $391.60 Million $391.60 Million $1.29 Billion ▲ +0.0%
2022 1.00x $362.12 Million $362.12 Million $1.66 Billion ▲ +0.0%
2021 1.00x $246.31 Million $246.31 Million $1.44 Billion ▲ +0.0%
2020 1.00x $142.96 Million $142.96 Million $1.35 Billion ▲ +0.0%
2019 1.00x $126.71 Million $126.71 Million $732.57 Million ▲ +0.0%
2018 1.00x $93.25 Million $93.25 Million $632.61 Million ▲ +0.0%
2017 1.00x $82.20 Million $82.20 Million $362.87 Million ▲ +0.0%
2016 1.00x $61.73 Million $61.73 Million $325.79 Million ▲ +0.1%
2015 1.00x $44.61 Million $44.68 Million $66.00K ▼ -0.1%
2014 1.00x $35.10 Million $35.10 Million $159.80 Million ▲ +0.0%
2013 1.00x $29.59 Million $29.59 Million $90.54 Million ▲ +0.0%
2012 1.00x $21.21 Million $21.21 Million $84.52 Million ▲ +319.5%
2011 -0.46x $-11.62 Million $25.50 Million $37.11 Million ▲ +6.4%
2010 -0.49x $-12.71 Million $26.11 Million $38.82 Million ▼ -177.4%
2009 0.63x $14.83 Million $23.58 Million $8.75 Million ▲ +2597.1%
2008 0.02x $511.41K $21.93 Million $21.42 Million ▼ -73.2%
2007 0.09x $1.88 Million $21.64 Million $19.76 Million ▼ -83.9%
2006 0.54x $10.99 Million $20.30 Million $9.31 Million ▲ +135.4%
2005 0.23x $4.52 Million $19.64 Million $15.12 Million ▲ +223.4%
2004 -0.19x $-3.41 Million $18.30 Million $21.71 Million ▲ +34.6%
2003 -0.29x $-4.46 Million $15.65 Million $20.12 Million ▼ -1459.2%
2002 -0.02x $-249.81K $13.66 Million $13.91 Million ▼ -102.9%
2001 0.63x $8.21 Million $13.05 Million $4.84 Million ▲ +379.1%
2000 0.13x $1.52 Million $11.60 Million $10.08 Million ▲ +261.6%
1999 0.04x $437.87K $12.06 Million $11.62 Million ▲ +116.0%
1998 -0.23x $-2.53 Million $11.16 Million $13.69 Million ▼ -474.9%
1997 0.06x $558.91K $9.24 Million $8.68 Million ▲ +108.0%
1996 -0.76x $-5.87 Million $7.71 Million $13.58 Million ▲ +62.2%
1995 -2.02x $-13.30 Million $6.60 Million $19.90 Million ▼ -301.5%
1994 1.00x $900.00K $900.00K $0.00
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).